Cheap Apartments for Rent in Okaloosa County, FL from $400 (72 Rentals)

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Search the lowest-cost Apartments available for rent right now in Okaloosa County.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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property at 102 Chicago Ave SE

$1,200

1 Bedroom, 1 Bath Home for Rent

Available Now

102 Chicago Ave SE

Fort Walton BeachFL32548

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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property at 201 Taylor St

$1,200

1 Bedroom, 1 Bath Home for Rent

Available Now

201 Taylor St

Fort Walton BeachFL32547
property at 207 Fourth St SE

$1,250 - $1,450

Studio To 1 Bedroom Rentals

Available Now

207 Fourth St SE

Fort Walton BeachFL32548
property at 895 Silverwood

$1,250

2 Bedroom Rentals

Available Now

895 Silverwood

Fort Walton BeachFL32547

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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The Waters At Redstone
Rent Specials
$1,300 - $3,343
Total Monthly Price

Total Monthly Price

Base Rent
$1,300 - $3,343
Total Monthly Price
$1,300 - $3,343
1 to 3 Bedroom Apartments Available Now

The Waters At Redstone

301 E Redstone AveCrestview, FL 32539
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property at 914 Barrow St

$1,300

1 Bedroom Rentals

Available Jun 1

914 Barrow St

Fort Walton BeachFL32547
property at 912 Barrow St

$1,300

1 Bedroom Rentals

Available Jun 1

912 Barrow St

Fort Walton BeachFL32547

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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property at 1863 Norwood Ct

$1,350

2 Bedroom Rentals

Available Now

1863 Norwood Ct

Fort Walton BeachFL32548
property at 1850 Norwood Ct

$1,350

2 Bedroom Rentals

Available Now

1850 Norwood Ct

Fort Walton BeachFL32548
property at 1859 Norwood Ct

$1,350

2 Bedroom Rentals

Available Now

1859 Norwood Ct

Fort Walton BeachFL32548
property at 1851 Norwood Ct

$1,350

2 Bedroom Rentals

Available Now

1851 Norwood Ct

Fort Walton BeachFL32548

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Showing Results 1-50, Page 1 of 2

Cheapest Available Okaloosa County Apartments for Rent

 

The cheapest available apartment rental in Okaloosa County, FL is a 1 Bed unit found at ADDISON PLACE priced from $1,006. Cape Apartments in the Sylvania Heights neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,100. Here is today’s list of the most affordable Okaloosa County apartments for rent:

Apartment ListingModel NameBed/BathPriced From
ADDISON PLACE1 Bed 1 Bath1BR,1BA$1,006
Cape Apartments1/11BR,1BA$1,100
Villager ApartmentsA11BR,1BA$1,130
Bel Aire TerraceThe Venice1BR,1BA$1,190
The LyleA11BR,1BA$1,199
Merrimac Manor Apartments2x1.5 1300 - NO AVAILABILITY2BR,1BA$1,200
Bradford Place ApartmentsMain2BR,2BA$1,250
Cross Oaks Apartments1x1 Cross Oaks1BR,1BA$1,255

Best Value Apartments for Rent in Okaloosa County, FL

As of May 31, 2026 the best value apartment in the Okaloosa County area is the $0.92 price per square foot 2x1.5 1300 - NO AVAILABILITY Model at Merrimac Manor Apartments in the in the Sylvania Heights neighborhood starting from $1,200. The second greatest value Okaloosa County apartment is the B1 Model at Estates at Palm Bay starting at $1,749 with a $1.42 price per square foot in the Sylvania Heights neighborhood. Here is today’s list of the best values for Okaloosa County apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Merrimac Manor Apartments2x1.5 1300 - NO AVAILABILITY2BR,1.5BA$0.92
Estates at Palm BayB12BR,1.5BA$1.42
The DorianB1.1.5THU2BR,2BA$1.21
Courtland TerraceMain2BR,1.5BA$1.22
Retreat at Redstone1x11BR,1BA$1.25
The CordeliaB1.1.5T2BR,1.5BA$1.32
Emerald ShoresB12BR,2BA$1.41
Falcon HouseB12BR,2BA$1.51
Bradford Place ApartmentsMain2BR,2BA$1.35
ADDISON PLACE1 Bed 1 Bath1BR,1BA$1.33

Frequently Asked Questions about Cheap Okaloosa County Apartments

What is the Cheapest Studio apartment in Okaloosa County?

Currently the most affordable Cheap Studio Apartment in Okaloosa County is at Sea Glass listed at $1,490.

How much is rent for a Cheap One Bedroom Okaloosa County Apartment?

The lowest price for a Cheap One Bedroom Okaloosa County Apartment is $1,006 at ADDISON PLACE.

What is the lowest price for a Cheap Two Bedroom Okaloosa County Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Okaloosa County is starting from $1,099 at ADDISON PLACE.

What is the most affordable Okaloosa County Three Bedroom Apartment?

The best deal on a cheap Okaloosa County Three Bedroom Apartment rental is at ADDISON PLACE and starts from $1,299.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

decorative image for Neighborhood and Market Insights: How to Choose the Right Area to Rent article

Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.